Gavin03

Ascending Triangle cont. Pattern

Long
Gavin03 Updated   
NYSE:APHA   None
APHA has been in a recent strong uptrend, displayed strong earnings last report, and is now in the final stages of forming an ascending triangle pattern. I believe within the next week or two the breakout will occur. I have determined possible buy and stop loss levels denoted by the green and red horizontal lines respectively.
Comment:
Also, slightly higher volume on positive days and still relatively high volume on negative days with small range. The negative days with highest range also had the lowest volume, indicating more buyers than sellers in this security for the time being.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.